► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The Swiss National Bank shocked markets by abandoning its three-year policy of limiting the Swiss franc's value against the euro. John Authers, in New York, explains some of the longer-term implications.<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
